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MoM Change in New Home Sales in the US

Country:
USDUnited States
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in New Home Sales in the US

The month-over-month change in new home sales measures how many new homes were sold in the U.S. compared to the previous month. This data, released monthly by the U.S. Census Bureau, is crucial for evaluating trends in the housing market.

Month-over-month data helps understand how new home sales fluctuate in the short term. An increase in sales indicates a thriving housing market and heightened consumer interest in purchasing homes. Conversely, a decrease suggests that the housing market may be stagnating and the economy could be slowing down.

This data serves as a reference for policymakers to assess housing market trends and formulate appropriate housing policies. It is also a vital resource for businesses and investors to gauge trends in new home sales and forecast economic outlooks.

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